Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas

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Dixon, Peter, Rimmer, Maureen T and Tsigas, Marinos E (2007) Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas. Papers in Regional Science, 86 (1). pp. 31-55. ISSN 1056-8190 (print) 1435-5957 (online)

Abstract

We describe a tops-down method for regionalising results from a detailed national CGE model. Using a 500-industry U.S. model, we generate macro and industry effects of removing major U.S. import restraints and translate these effects into employment results for U.S. states. Our results indicate that for most industries, the output change would be negligible but for sugar, butter and several textile industries output contractions would be large. The state employment changes are all between −0.5 and 0.2 percent. We explain the results by elementary mechanisms in a way that does not require prior knowledge of the underlying CGE model.

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Item type Article
URI https://vuir.vu.edu.au/id/eprint/24635
DOI https://doi.org/10.1111/j.1435-5957.2006.00101.x
Official URL http://onlinelibrary.wiley.com/doi/10.1111/j.1435-...
Subjects Historical > FOR Classification > 1205 Urban and Regional Planning
Historical > FOR Classification > 1402 Applied Economics
Historical > Faculty/School/Research Centre/Department > College of Business
Current > Division/Research > Centre of Policy Studies (CoPS)
Keywords regionalising CGE, state modelling, tariffs and quotas, U.S trade, explaining CGE results
Citations in Scopus 26 - View on Scopus
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